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Cowen Stock Price, Forecast & Analysis (NASDAQ:COWN)

$14.75
-0.02 (-0.14 %)
(As of 11/15/2019 08:00 AM ET)
Today's Range
$14.71
Now: $14.75
$14.85
50-Day Range
$13.75
MA: $14.70
$15.55
52-Week Range
$11.80
Now: $14.75
$18.36
Volume139,800 shs
Average Volume179,147 shs
Market Capitalization$435.42 million
P/E Ratio5.61
Dividend YieldN/A
Beta1.47
Cowen Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets. Read More…

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:COWN
CUSIP22362210
Phone646-562-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$966.92 million
Cash Flow$3.55 per share
Book Value$27.26 per share

Profitability

Net Income$42.82 million

Miscellaneous

Employees1,212
Market Cap$435.42 million
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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Cowen (NASDAQ:COWN) Frequently Asked Questions

What is Cowen's stock symbol?

Cowen trades on the NASDAQ under the ticker symbol "COWN."

When did Cowen's stock split? How did Cowen's stock split work?

Shares of Cowen reverse split on Monday, December 5th 2016. The 1-4 reverse split was announced on Wednesday, November 9th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 2nd 2016. An investor that had 100 shares of Cowen stock prior to the reverse split would have 25 shares after the split.

How will Cowen's stock buyback program work?

Cowen declared that its Board of Directors has authorized a share buyback program on Friday, February 16th 2018, which permits the company to buyback $23,600,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Cowen's earnings last quarter?

Cowen Inc (NASDAQ:COWN) issued its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.04. The financial services provider earned $252 million during the quarter, compared to analyst estimates of $212.72 million. Cowen had a net margin of 2.52% and a return on equity of 7.03%. The company's quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 earnings per share. View Cowen's Earnings History.

When is Cowen's next earnings date?

Cowen is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Cowen.

What price target have analysts set for COWN?

1 equities research analysts have issued 12-month price targets for Cowen's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Cowen's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price. View Analyst Price Targets for Cowen.

What is the consensus analysts' recommendation for Cowen?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cowen.

Has Cowen been receiving favorable news coverage?

Media stories about COWN stock have trended somewhat negative recently, InfoTrie reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cowen earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cowen.

Are investors shorting Cowen?

Cowen saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 3,820,000 shares, a drop of 8.0% from the September 15th total of 4,150,000 shares. Based on an average daily trading volume, of 251,300 shares, the short-interest ratio is currently 15.2 days. Currently, 14.2% of the shares of the company are short sold. View Cowen's Current Options Chain.

Who are some of Cowen's key competitors?

What other stocks do shareholders of Cowen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cowen investors own include CROWN CASTLE IN/SH SH (CCI), Canopy Growth (CGC), Opko Health (OPK), Prospect Capital (PSEC), General Electric (GE), Just Energy Group (JE), Corbus Pharmaceuticals (CRBP), Immunomedics (IMMU), Tellurian (TELL) and Tilray (TLRY).

Who are Cowen's key executives?

Cowen's management team includes the folowing people:
  • Mr. Jeffrey Marc Solomon, CEO & Director (Age 53)
  • Mr. Stephen A. Lasota CPA, MD & CFO (Age 56)
  • Mr. John J. Holmes, MD & COO (Age 55)
  • Mr. Owen S. Littman, MD, Gen. Counsel & Sec. (Age 46)
  • Ms. Elizabeth Flisser Rosman, MD & Head of Investment Management

Who are Cowen's major shareholders?

Cowen's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (4.72%), Monarch Partners Asset Management LLC (2.23%), Salzhauer Michael (1.91%), Essex Investment Management Co. LLC (1.46%), Foundry Partners LLC (1.07%) and Fisher Asset Management LLC (0.77%). Company insiders that own Cowen stock include Brett H Barth, Cowen Inc, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen.

Which institutional investors are selling Cowen stock?

COWN stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Systematic Financial Management LP, Alberta Investment Management Corp and Salzhauer Michael. Company insiders that have sold Cowen company stock in the last year include Cowen Inc and Owen S Littman. View Insider Buying and Selling for Cowen.

Which institutional investors are buying Cowen stock?

COWN stock was acquired by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Monarch Partners Asset Management LLC, Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., Fisher Asset Management LLC, Envestnet Asset Management Inc., California Public Employees Retirement System and Rhumbline Advisers. Company insiders that have bought Cowen stock in the last two years include Brett H Barth and Cowen Inc. View Insider Buying and Selling for Cowen.

How do I buy shares of Cowen?

Shares of COWN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cowen's stock price today?

One share of COWN stock can currently be purchased for approximately $14.75.

How big of a company is Cowen?

Cowen has a market capitalization of $435.42 million and generates $966.92 million in revenue each year. The financial services provider earns $42.82 million in net income (profit) each year or $2.63 on an earnings per share basis. Cowen employs 1,212 workers across the globe.View Additional Information About Cowen.

What is Cowen's official website?

The official website for Cowen is http://www.cowen.com/.

How can I contact Cowen?

Cowen's mailing address is 599 LEXINGTON AVENUE, NEW YORK NY, 10022. The financial services provider can be reached via phone at 646-562-1000 or via email at [email protected]


MarketBeat Community Rating for Cowen (NASDAQ COWN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  519
MarketBeat's community ratings are surveys of what our community members think about Cowen and other stocks. Vote "Outperform" if you believe COWN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COWN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

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